Transocean (NYSE:RIG) is gearing up to announce its quarterly earnings on Monday, 2025-08-04. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Transocean will report an earnings per share (EPS) of $-0.02.
The announcement from Transocean is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
During the last quarter, the company reported an EPS missed by $0.01, leading to a 4.76% drop in the share price on the subsequent day.
Here's a look at Transocean's past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | 0 | -0.04 | -0.10 |
| EPS Actual | -0.10 | -0.09 | 0 | -0.15 |
| Price Change % | -5.0% | 1.0% | 9.0% | -6.0% |
Tracking Transocean's Stock Performance
Shares of Transocean were trading at $2.92 as of July 31. Over the last 52-week period, shares are down 44.12%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Transocean visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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